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Q: What happens if you fail to accrue interest expense?
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What happens if you fail to record payment of an expense in accounting?

It would appear as if the payment is still due.


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You fail!


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In case, if You fail to file Form 1099 within the deadline, the IRS subjects You to pay penalties along with interest for up to 6 months.


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Then you fail


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They would all fail, they work together.


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What happens is you epic FAIL at making paper planes.


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it blows up and you will die!


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You fail at English


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you will fail the grade that you are in


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the patient will die